Business News
Government Launches First Shrimp Export to Brunei Darussalam Worth IDR 1.66 Billion
On November 18, 2024, the Ministry of Marine Affairs and Fisheries (KKP) facilitated the first-ever export of shrimp products to Brunei Darussalam, valued at IDR 1.66 billion. The shipment included 42 tons of shrimp feed, 8 million shrimp larvae (benur), and 400 breeding shrimp. Budi Sulistyo, Director-General of Fisheries Competitiveness…
Indonesia’s Strategic Role in Supporting Global Food and Energy Security Through Palm Oil
Indonesia, as the world's largest palm oil producer, plays a crucial role in ensuring global food and energy security amid rising population levels. "For Indonesia, palm oil is a strategic commodity vital to achieving food and energy self-sufficiency," said Kacuk Sumarto, Chairperson of Rumah Sawit Indonesia (RSI), in Jakarta on…
Indonesia Supports World Trade Organization Reform
Indonesia expressed its support for World Trade Organization (WTO) reforms to advance inclusive and sustainable trade. At the 35th APEC Ministerial Meeting (AMM) in Lima, Peru, on November 14, Minister of Trade Budi Santoso stressed the WTO’s role as a pillar of the multilateral trading system. He emphasized the need…
Exploring Key Sectors for Sustainable Investment in Indonesia
The Ministry of Investment and Downstreaming (BKPM) reported an investment realization of IDR 1,261 trillion from January to September 2024, with the downstream sector contributing IDR 272.91 trillion or 21.6% of the total. This investment created 650,172 jobs nationwide, emphasizing the significance of key sectors in strengthening Indonesia's economic resilience.…
